Arthur Hayes Says Bitcoin’s Going to $1 Million After an AI Credit Bust
Arthur Hayes says an AI credit bust will force the Fed to print money, sending Bitcoin toward $1 million.
Hayes likened the debt-fueled AI infrastructure boom to the 2008 credit bubble, but evidence suggests financial strain is uneven across Big Tech.
A wallet reportedly belonging to Strategy (formerly MicroStrategy) transferred another 1,030 Bitcoin (BTC), worth roughly $66.14 million, on Wednesday. On-chain tracker, Lookonchain, flagged the move. Strategy has not confirmed any sale, and the transfer alone does not prove one.
August 5, 2026, 5:59 amA wallet tied to Michael Saylor’s Strategy moved 1,030 BTC worth $66.14 million recently, just days after the company confirmed its third bitcoin sale of the year.
August 5, 2026, 5:55 amArthur Hayes says an AI credit bust will force the Fed to print money, sending Bitcoin toward $1 million.
BTC held near $64,000 as MSCI's world index set another peak and Brent fell toward a Hormuz deal.
The three individuals have pleaded not guilty to the charge of conspiracy to interfere with commerce by robbery.
The exchange would cut note principal by about one-third while replacement Bitcoin option terms also remain undisclosed.
Jim Cramer says he will sell his Bitcoin after IBM's CEO warned quantum computers could crack crypto within four years.
Non-custodial Bitcoin swap provider Boltz says attackers are finding vulnerabilities faster than its team can fix them, forcing it to suspend swaps indefinitely.
The $14.7 million Bitcoin ETF will liquidate from Aug.
The settlement highlights the heightened due diligence needed for investors in politically-linked crypto ventures amid legal complexities.
The shift to professional investors in Bitcoin trading suggests increased market stability but may reduce retail-driven volatility and innovation.